Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA)
A sole proprietor is subject to the same rules of taxation and subject to the same extent liability as those of a general partnership. Group of answer choices True False
New SEC rules call for shareholder reports to include A. clear information to investors on brokerage commissions and discounts. B. information on how the fund compares with industry averages on fees and loads. C. information on eligibility for breakpoint discounts. Which two are correct?
6. Mike’s brokerage account is highly correlated to the market. In fact the account has a correlation with the market of about 99 percent. However, because Mike has some leveraged mutual funds in the account, the beta of the portfolio is approximately 20 percent greater than the market. Mike’s brokerage account is a margin account, which has an initial margin of 50 percent and a maintenance margin of 35 percent. How much does this account yield yearly if the amount...
1. You deposit $100,000 cash in a brokerage account and short sell $200,000 of stocks on margin. Later, the value of the stocks held short rises to $250,000. What is your account margin in percent? 1. You deposit $100,000 cash in a brokerage account and purchase $200,000 of stocks on margin by borrowing $100,000 from your broker. Later, the value of your stock holdings falls to $150,000. What is your account margin in percent?
Jimmy has a brokerage account and buys on the margin, which resulted in an interest expense of $36,400 during the year. Income generated through the brokerage account was as follows: Municipal interest $72,800 Taxable dividends and interest 364,000 If required, round any division to two decimal places and use in subsequent computation. Round your final answer to the nearest dollar. How much investment interest can Jimmy deduct?
Question 13 (1 point) Jane Roberts has $40,000 in a brokerage account, and she plans to contribute an additional $12,000 to the account at the end of every year. The brokerage account has an expected annual return of 11 percent. How much money will Jane have after 25 years? $1,916,378.24 $923,989.98 $1,425,987.76 $829,541.14
Buffy has a brokerage account and buys on the margin, which resulted in the interest expense of $36,400 during the year. Income generated through a brokerage account was as followed: Municipal interest $72,800 Taxable dividends and interest 364,000 If required, round any division to two (2) decimal places and use in subsequent computation. Please round your final answer to the nearest dollar. How much investment interest can Buffy deduct?
John has a brokerage account and buys securities on the margin. His net taxable investment income for 2018 was $5,500, and he had investment interest expense of $9,000. Income generated through the brokerage account was as follows: Municipal bond interest $20,000 Taxable dividends and interest $60,000 How much investment interest may Josiah deduct?
You have $27,886.55 in a brokerage account, and you plan to deposit an additional $5,500 at the end of every year until your account totals $350,000. You expect to earn 8.8 percent annually on the account. How long will it take to reach your goal?
In this question, you have $27,609.98 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $280,000. You expect to earn 14% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.